This video goes through an example of how combining an investment's dividend yield with its dividend growth rate is a good estimate of an investment's total return. This is the approach used in developing expected returns for real estate investment trusts and master limited partnerships. … [Read more...]
What Are Market Internals?
This audio lesson discusses market internals and why combined with valuations and economic trends they are a powerful tool for managing portfolio risk. Items covered include: What are the behavioral aspects of valuations and market internals. What is trend, momentum, and sentiment. What are absolute and relative trends. How trend is measured. How momentum differs from trend and how is it measured How sentiment is measured. The episode length is 12 minutes. … [Read more...]
Why Stock Valuations Are Important But Not Perfect Predictors of Stock Performance
This audio lesson discusses stock market valuations and why they are helpful for understanding base market conditions but not necessarily for timing the market. Items covered include: Why valuation works as a good estimate of long-term investment returns and why I use them in the monthly investment conditions report. What are cyclically adjusted price-to-earnings ratios. How have stock market returns varied based on the level of cyclically adjusted P/E ratios. How market … [Read more...]
Purchasing Manager Indices (“PMI”): How They Work and Why They Are Important
This audio lesson discusses purchasing managing indices, also known as PMI. Items covered include: What are purchasing managers indices. How are they calculated. Why they are a robust leading economic indicator. How stock and bond markets have performed relative to PMI data. How PMI data is incorporated into the Hub's monthly investment conditions report. The episode length is 13 minutes. Audio Lesson Audio Download Download this audio lesson All Audio Lessons See a … [Read more...]
The Difference Between Growth and Value Style Indices
This audio lesson discusses growth and value indices, how they are constructed and their characteristics. The episode length is 7 minutes. … [Read more...]
What Are Levered ETFs and What Are The Risks
This audio lesson discusses levered ETFs, how are they structured and what are some of the risks. The episode length is 6 minutes. … [Read more...]
What Are Managed Futures and What Are The Risks
This audio lesson discusses managed futures ETFs and funds and the risks of investing in them. The episode length is 6 minutes. … [Read more...]
How To Analyze Monthly Employment Releases
This video lesson analyzes the April 2015 jobs report released by the U.S. Bureau of Economics. The purpose of the video is to show you what I look for in employment releases as potential indicators for a change in economic trends. The episode length is 28 minutes. … [Read more...]
What Are The Expenses of Investing In ETFs Versus Funds
This audio lesson discusses ETF expenses compared to index mutual funds. The episode length is 6 minutes. … [Read more...]
What Comprises Mutual Fund Fees and How High Are They
This audio lesson discusses what comprises mutual fund fees and how high are they. The episode length is 8 minutes. … [Read more...]
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